Eastman Kodak Company (KODK) is a company that provides hardware, software, supplies, and services to customers in the commercial printing, packaging, publishing, manufacturing, entertainment, and commercial products markets worldwide.
The company reduced its debt during 2020, maintaining a net cash flow of $ 178M.
KODAK's weekly volatility dropped from 56% to 20% in 2020, and with its legal problem regarding government borrowing to make drugs resolved, the outlook for the company is positive.
Technical:
MACD (12,26) 0.93
Support at $ 8.10
Average RSI level
current price and MA 50 at same level
The company reduced its debt during 2020, maintaining a net cash flow of $ 178M.
KODAK's weekly volatility dropped from 56% to 20% in 2020, and with its legal problem regarding government borrowing to make drugs resolved, the outlook for the company is positive.
Technical:
MACD (12,26) 0.93
Support at $ 8.10
Average RSI level
current price and MA 50 at same level
Trade closed: target reached:
Target to 10.00 intraday Jan 25'21